117 Per Cent Returns From 52-Week Low: Board Announces 5:1 Stock Split; Check Record Date Inside
The stock gave multibagger returns of 117 per cent from its 52-week low of Rs 997.50 per share.
Jeena Sikho Lifecare Limited informed that the Board of Directors of the company has fixed Thursday, June 12, 2025, as the "Record Date" for determining the entitlement of Equity Shareholders for the purpose of a sub-division/stock split of existing equity shares. This split will transform each existing equity share with a face value of Rs 10 into five equity shares, each having a face value of Rs 2. This move was approved by the Equity Shareholders on May 23, 2025, through a postal ballot process. As a result of this sub-division, the Authorised Share Capital will remain Rs. 25,00,00,000, but the number of shares will increase from 2,50,00,000 (pre-split) to 12,50,00,000 (post-split). Similarly, the Issued, Subscribed and Paid-up Share Capital will remain Rs 24,86,01,460, with the number of shares increasing from 2,48,60,146 to 12,43,00,730.
Jeena Sikho Lifecare has become a significant Ayurvedic healthcare provider in India with a decade of service, offering diverse products and actively engaging in public health through free checkups and yoga sessions to promote wellness. Their extensive network includes 119 clinics and hospitals, including specialised HIIMS and Shuddhi Panchakarma centres, enabling personalised treatments and distribution of over 300 products; a testament to their quality is the NABH accreditation of 17 facilities.
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The company plans to establish a new 150-bed hospital in Raigad District, Maharashtra, on leased property in Village Karnala, Taluka Panvel, with operations commencing in July 2025. This strategic expansion, requiring an estimated Rs 6 crore investment from internal funds, aims to broaden their healthcare network and extend quality medical services to a wider population in the region.
The shares of the company have an ROE of 43 per cent and an ROCE of 58 per cent. The stock gave multibagger returns of 117 per cent from its 52-week low of Rs 997.50 per share.
Disclaimer: The article is for informational purposes only and not investment advice.